SEC Form 4 · accession 0001140361-17-025427
Energous Corp · WATT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Rex S Jackson
Director
Period of report
Jan 3, 2017
Accepted (ET)
Jun 16, 2017 · 7:26 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001575793
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Jan 3, 2017 | A | 4,263 | $0.00 | A | 21,593 | D | |
| Common StockF1,F2 | Feb 23, 2017 | A | 1,697 | $0.00 | A | 23,290 | D | |
| Common Stock | Jun 13, 2017 | M | 5,837 | $0.00 | A | 29,127 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F4 | — | Jun 13, 2017 | M | 5,837 | D | — | — | Common Stock | 5,837 | 11,673 | D |
Explanation of responses
- F1Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock.
- F2100% of the RSUs will vest on January 2, 2018, subject to the reporting person's continued service to the Issuer. The RSU was granted January 4, 2016 pursuant to the Company's nonemployee director compensation policy.
- F3Vesting of RSUs granted to the reporting person on June 13, 2016.
- F4The RSU vests in three equal annual installments on June 13, 2017, 2018, and 2019.